The gold standard was helpful in stabilizing economies during the Great Depression
Indicate whether the statement is true or false
FALSE
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The components of a well-run incentive compensation scheme include all of the following EXCEPT
a. evaluating the identified performance measures b. avoiding rewards for outcomes that are not included in the performance measures c. demonstrating that evaluators can be influenced with small favors d. identifying the relevant measures on which to evaluate employees
According to the graph shown, if this were depicting an autarky, the amount being bought domestically is:
This graph demonstrates the domestic demand and supply for a good, as well as the world price for that good.
A. 60 at $10 each.
B. 60 at $17 each.
C. 115 at $14 each.
D. 150 at $10 each.
When interest rates in the U.S. decline, we can expect capital:
A. inflows and outflows to decrease. B. inflows and outflows to increase. C. inflow to decrease, and outflow to increase. D. outflow to decrease, and inflow to increase.
Suppose that the Home country in the twosector (manufacturing and agriculture) specificfactors model has a comparative advantage in manufactured output. What is the effect on the return of land after trade occurs?
a. The return on land increases. b. The return on land decreases. c. The return on land does not change. d. The effect cannot be determined.